AI Is Upending One of Finance's Cushiest Jobs(bloomberg.com)

5 pointsby ctkhnالشهر الماضي2 comments

AI Is Upending One of Finance's Cushiest Jobs

https://www.bloomberg.com/news/features/2026-06-05/ai-is-upending-traditional-financial-advisor-jobs

3 comments

ctkhnالشهر الماضي

I haven't used AI for investment advice, but I did use deepseek and google ai overview to prepare returns from my w-2, 1099s for HY savings interest and brokerage account stock sales, and some non-1099 capital gains from previous employer startup equity that didn't come with a form, but AI helped me figure out that it needed to be on an 8949.

I still filed through an online tax help site just to be safe, but when I compared the forms I saw that my AI assisted forms were a 100% match with what the paid service generated. I can't see myself using AI to pick exact stocks, but I assume most value of advisors provide is in telling the uninformed what is normal and safe for their risk tolerance, I imagine a lot of it can be automated pretty simply. The article mentions extraction from Israel and Ukraine as human advisor perks but I doubt anyone but the absolute highest tier clients was getting that sort of service.

childofhedgehogالشهر الماضي

https://archive.is/PVzDw

youdie006قبل 24 يومًا